Psychology, General at University of Illinois at Springfield
IL · Bachelor's Degree · CIP 42.01
Executive Summary
Graduates with a Psychology, General degree from University of Illinois at Springfield earn a median salary of $47,839 within five years of graduation. Adjusted for the cost of living in IL, this represents a national purchasing power equivalent of $52,112. The degree typically pays for itself in 14 years.
Quick Insights
How this degree looks at a glance
A fast read on salary range, break-even speed, living-cost impact, and where graduates from this school usually land.
Salary Ranges
Starting Range
$37,490
Typical Career
$47,839
Top Performers
$59,541
Estimated break-even: 14 years.
Debt-to-Income Check
$319
Estimated comfortable monthly loan payment
Typical monthly pay is approximately $3,987. Most students can comfortably afford about a $319 monthly loan payment with this degree.
Comparison Bench
This degree earns 1.2x more than the average US high school graduate and 0.6x more than the average college graduate.
Purchasing Power Context
A dollar in Illinois buys what costs $0.92 nationally.
Industry Breadcrumbs
Top industries for bachelor's graduates from this school: Public Administration, Health Care & Social Assistance, Educational Services.
Where Bachelor's Graduates from This School Work
Institution-wide industry mix for graduates, 5 years after graduation. This is not major-specific. Source: Census PSEO Flows.
5-Year Median Salary — National Purchasing Power Equivalent
$52,112
Nominal: $47,839 in Illinois (COL 91.8% of national avg) · 8.9% higher purchasing power
10-Year Earnings Curve
Break-Even Timeline
How long until cumulative earnings advantage exceeds total college investment (tuition + opportunity cost vs. entering workforce directly after high school).
Total Investment
$155,168
4yr tuition + 4yr opportunity cost
HS Graduate Baseline
$38,792/yr
BLS 2023 median, HS diploma
View Raw Data: Median Earnings by Year
| Timeframe | 25th Pct. | Median (50th) | 75th Pct. |
|---|---|---|---|
| 1 Year After Graduation | $25,085 | $32,807 | $41,676 |
| 5 Years After Graduation | $37,490 | $47,839 | $59,541 |
| 10 Years After Graduation | $45,154 | $57,384 | $75,190 |
Source: US Census Bureau Post-Secondary Employment Outcomes (PSEO), 2025 release. Earnings shown for Bachelor's degree graduates (all cohorts combined).
How We Calculate Purchasing Power
The median salary of $47,839 is reported by the US Census Bureau's Post-Secondary Employment Outcomes (PSEO) dataset for graduates working in IL, which has a cost-of-living index of 91.8% of the national average.
Formula: Adjusted Salary = Nominal × (1.0 ÷ COL Index)
= $47,839 × (1.0 ÷ 0.9180)
= $52,112 National Average equivalent.
COL index source: BLS Regional Consumer Price Index & MIT Living Wage Project, 2023. Full methodology →
Career Verdict
The top industries for graduates include Public Administration (18.0%), Health Care & Social Assistance (15.2%), and Educational Services (15.2%), indicating a diverse range of career paths. The estimated break-even point for graduates compared to those with only a high school diploma is approximately 14 years, suggesting a moderate return on investment. Overall, while the degree offers a reasonable earnings potential, students should weigh the long-term financial benefits against the time required to achieve them.
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Data sources: US Census Bureau Post-Secondary Employment Outcomes (PSEO). Cost-of-living index: BLS Regional CPI & MIT Living Wage Project. Cost of attendance: IPEDS. For informational use only; data may be suppressed for small cohort sizes.